AV Matters
The Stimson Group Newsletter
April 2009
Vol 3 Issue 4
In This Issue
AV Trends Survey
InfoComm Courses
AV Matters Blog
Electronic Networking: OMG!
About The Stimson Group
Quick Links
Welcome Back,
I guess we'll call this AV Matters the Social Networking Issue. Twitter, Linkedin, and Blogs - let me share what I know.

Hey, the InfoComm show is coming up and I know you will be there. I will be teaching two courses on Thursday June 18 - I hope to see you there.

Last month's survey was on Employees Reviews. I know you can apply these results to your business.

The R&S Roadshow in Toronto scheduled in May has been postponed to early Fall. I would love to find a reason to get up their sooner!

I have just returned from a landmark event called The InfoComm 100. This was a three day networking think tank of leaders and visionaries from all over the AV Industry and around the world. I will write more about it in next month's issue, but let me just say that my brain is full of ideas and concepts generated by this experience. Here's a teaser blog from the keynote session.

Thanks for reading,
 
Tom (TR) Stimson, CTS
My Direct Email
Website

LinkedIn
Monthly Business Trends Survey
How Do You Manage Employee Reviews?
It must be the least favorite event for managers and their direct reports alike, but employee reviews are a proven tool for success. Last month's survey asked about your policies and practices. The good news is that the industry has matured to the point where most companies have well-developed personnel review policies (or at least believe they do). However, there are a lot of variations on the theme. See how you stack up against your peers.

Our essay question was about hiring in a tough economy. A lot of the answers indicate just how hard the recession has been for so many of our colleagues - layoffs, reduced hours, and the difficulty in finding good candidates are highlighted. Many respondents shared their solutions. All in all, very good reading!

Download this month's survey report.

April Survey
It is no big secret that the Rental & Staging channel has all but dried up for manufacturers - at least for the short term. How long will this go on? Where will the pent up demand be? What will be hot when the economy starts to bounce back?

Take this survey now.

Now More Than Ever - Get Some Business Done!
Tom Stimson delivers two business seminars at InfoComm09

InfoComm09 Show Logo

InfoComm International has invited
Tom Stimson back to teach two core competency business courses in Orlando June 18th. Don't miss out on the opportunity to learn techniques that will recharge the business of your business.

Growth Strategies for Audiovisual Firms will take the pain out of Strategic Planning and demonstrate how a clear message will fuel your company's growth.


Thursday, June 18, 2:30-4:30 pm - Course IS92:
Any employee in a service business has the capacity to retain or lose a customer. Growth can only occur if there is a clear vision that defines a firm's market, customers, and values. Attendees will learn how to align the goals of Management, Sales, and Operations so every worker can consistently contribute to their firm's success.

Rental & Staging Business Survival Kit is revamped this year with new challenges expertly dissected into business best practices.

Thursday, June 18, 8:00-10:00 am - Course IS56
: Learn about the key issues facing Rental and Staging companies-best practices in equipment utilization, sales and project management, warehouse operations, technician development, incentives and key business metrics. Get answers about rental software utilization, compensation strategies, commission plans, prioritizing capital purchases, and finding new employees.

Learn more about InfoComm 2009 here
Register for InfoComm here 
AV Matters Blog
As long as we are talking about online stuff, I have started a blog. Maybe I am covering all the bases, or maybe I just have too many ideas between monthly AV Matters newsletters. Here's a list of recent posts:
  • The Monthly Strategy Meeting
  • Stimulus and Training: This makes sense
  • 12 Innovation Concepts That Will Dominate the Recovery
  • When Will Fax Machines Be Obsolete?
  • First, Blame Your Process
Read my blog

Best Practices Series:
Electronic Networking and Your Business - What's this stuff for anyway?
A Primer Linkedin, Twitter, and Facebook

If no one had been born after 1980 I would not be writing this article, the Internet would be mostly text-based, and I would still be putting a CD in my computer to play a game. Technology moves forward and is continually reshaped by the demands, thoughts, and dynamics of a much younger world. And, those "youth" - or young at heart - are initiating, defining, and establishing trends at an alarming rate. By the time we as a society have noticed that a trend exists, the baseline rules are already in place and there are millions of users/adapters/collaborators who have accepted this phenomenon as a norm. Electronic social networking is one trend that has taken on a life of its own and is fast replacing the business card as a primary personal marketing tool.
 
If you just can't stand the idea of doing online networking yourself, consider this:

Online business networking is a lot like going to a party for business reasons: you many dread the ritual, but you will probably meet someone you'll do business with one day. And for that other person, the fact that you were there really mattered to them.

When I explain online networking tools, I use this analogy: Linkedin is a business meeting, Facebook is a backyard barbecue, MySpace is a singles bar, Twitter is a stickie note on your computer monitor. I use four primary networking tools. Linkedin, Facebook, Plaxo, and Twitter (no MySpace!). If you are in sales or marketing, you might need this many or more. Management needs at least one and the discipline to use it. First stop, Linkedin linkedin logo

Here's my Linkedin profile page (Hey Tom, how's that shameless self-promotion thing working out for you? - Pretty well, you should try it.)

Linkedin is like an online resume. You might mistake it for a job board - and it gets used for that - but it is so much more. There are millions of users, a powerful search engine, and targetable groups of folks with similar interests. It is also secure, professional, and widely used. I do not get spammed via Linkedin and the contacts I make are the real thing because I choose to accept them. This site is all about expanding your network and doing business.

Whenever I make a new business contact, I check Linkedin to see if they are listed and send them an invite to connect if they are. I started by uploading my address book and connecting to folks who are already members. Once a month or more, I check to see if there are new members from my list and invite them (also, people invite me). Building up this large contact base provides me means to connect to other folks I might be trying to reach, but have not met. For instance, if I want to meet or talk to the owner/manager of a particular company, I would search that company name and find the right person to reach out to. Linkedin will tell me how many connections away he/she might be (degrees of separation). I would then use my best available connection to make an introduction for me. If I am looking for new prospects, I might search for "AV integrator". Thousands of contacts will come up and I can drill down from there.

But for me the real value of Linkedin is passive marketing. I have many contacts that have recommended me and that shows up on my profile. Also, I put up a status change about once a week to let people know what I am doing. I do not do any obvious self-promotion "Call me, I need work!" but prefer to indicate travel schedule, business ideas, and non-profit work. Whenever you change something on your profile, that action shows up in the status report that your contacts follow when they log in. These count as "touches" in marketing terms. You need about 12-16 touches per year to stay fresh in people's minds.

You might also be surprised to know that I have received many business offers through Linkedin. People in my network use the site to contact me when they finally decide they need my services. I too find that if I reach out to someone via Linkedin - as opposed to just sending them an email - my response rate goes up dramatically. People choose to use online networking and therefore respond to it. They may not answer your direct email because they did not ask you for it.

I know many of you are thinking,
"I don't have time for this. I don't need a bunch of people trying to sell me stuff or ask for jobs! (I'm too important) This is not how I do business!" 

- I understand, but people said the same things about telephones and email.

I use another site for different reasons - Plaxo.  Although Plaxo has many of the same features as Linkedin and even Facebook asPlaxo logo far as online networking goes, I use it primarily to update my address book. It has a feature that links to your Outlook or Apple Address Book and when someone changes their phone or address, Plaxo syncs and updates your data. Some folks use Plaxo as their business "Facebook" and post pictures and links. I find I get a better response when I post a shared link on Plaxo than I do on Linkedin or Facebook. Because it helps me keep track of contact info I think Plaxo is a useful tool. Oh, and here's my Plaxo profile page.

Facebook is mostly for fun. I have a personal and a professional listing. I connect to facebook logoindustry friends on my pro page. I have close friends and family on my personal FB. Here's my page in case you want to be "friends". If you want to rationalize FB from a business perspective, think of it as the ultimate icebreaker. When you do run into one of your FB friends in person, you'll have something to talk about. Not everyone wants to drop their shields, but most of us need to.

For those of you that have taken my Sales Training Seminar have heard me say not to use FB for business. I still believe that, but we all have a lot of friends who are in the business. FB fills that gap between bull sessions at a show or in the bar. You may learn more about someone than you care to know, but that could happen at a party. Folks come to FB to relax, kill time, and socialize. They generally aren't there to do business. But - like golf - socializing can maintain a business relationship or even strengthen it. 

Finally, (and this article is longer than I had planned!) let me TRY to explain Twitter. (-_-);twitter logo
Ok, I give up. Here's some other folks' explanations for Twitter:

Practical Intended Uses
How to Use Correctly
Jon Stewart on Twitter
Hilarious Explanation to Your Grandparents

See you online!

email Tom Stimson.
PresenterAbout Thomas R. Stimson, MBA, CTS

Tom Stimson is celebrating over twenty-five years in the communications technology industry.  As a Consultant, Tom helps companies build smoother operations, focus sales, and increase profit through strategic planning, process improvement, and market research. For more information visit the website.

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